Aside from announcements that cold fusion generators may be available in 10 years, this is the most exciting energy related news Ive heard in a while! “The reason solar-power generation will increasingly dominate: it’s a technology, not a fuel. As such, efficiency increases and prices fall as time goes on. The price of Earth’s limited fossil fuels tends to go the other direction. ... Solar will be the world’s biggest single source of electricity by 2050, according to a recent estimate by the International Energy Agency. Currently, it’s responsible for just a fraction of one percent. Because of solars small market share today, no matter how quickly capacity expands, it won’t have much immediate impact on the price of other forms of energy. But soon, for the first time, the reverse may also be true: Gas and coal prices will lose their sway over the solar industry.” This is a quote from the article that was cited in the above quote. From: uk.mobile.reuters/article/idUKKCN0HO11K20140929?irpc=932 “Solar energy could be the top source of electricity by 2050, aided by plummeting costs of the equipment to generate it, a report from the International Energy Agency (IEA), the Wests energy watchdog, said on Monday. IEA Reports said solar photovoltaic (PV) systems could generate up to 16 percent of the worlds electricity by 2050, while solar thermal electricity (STE) - from concentrating solar power plants - could provide a further 11 percent.” ONELOVE =[}{]= ONEHEART =[}{]= ONEWORLD
Posted on: Thu, 30 Oct 2014 17:51:05 +0000
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